---
description: Compare Wave vs InvoiceOwl to learn about each of the product's price, benefits and disadvantages. Choose the best software for your business in Australia.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: Wave vs InvoiceOwl Comparison - Capterra Australia 2026
---

Breadcrumb: [Home](/) > [Financial Reporting Software](/directory/30050/financial-reporting/software) > [Wave \<span\>vs\</span\> InvoiceOwl](https://www.capterra.com.au/compare/178021/1014735/wave-apps/vs/invoiceowl)

# Compare Wave vs InvoiceOwl

Canonical: https://www.capterra.com.au/compare/178021/1014735/wave-apps/vs/invoiceowl

> Detailed comparison between Wave and InvoiceOwl. Check ratings, reviews, pricing, and features to make the best decision for your business.

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## At a Glance

| Metric | Wave | InvoiceOwl |
| **Overall rating** | 4.4/5 | 4.5/5 |
| **Total Reviews** | 1720 | 4 |
| **Starting Price** | USD 19.00 | - |
| **Free Trial** | Yes | Yes |
| **Free Version** | Yes | No |
| **Deployment** | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile) | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile) |
| **Support** | Email/Help Desk, FAQs/Forum, Knowledge Base, Chat | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat |
| **Training** | In Person, Live Online, Webinars, Documentation, Videos | Documentation |

## Best for

### Wave

Wave helps small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage accounting, payroll, invoicing, estimating and other processes.

### InvoiceOwl

Canada

## Key features

### Wave

- Activity Dashboard
- Activity Tracking
- Alerts/Notifications
- Billing & Invoicing
- Cash Flow Management
- Credit Card Processing
- Customisable Branding
- Customizable Templates
- Electronic Payments
- Encryption
- For Religious Organizations
- Fund Accounting
- Invoice Processing
- Multi-Currency
- Partial Payments
- Purchase Order Management
- Recurring/Subscription Billing
- Reminders
- Time & Expense Tracking

### InvoiceOwl

- Activity Dashboard
- Activity Tracking
- Alerts/Notifications
- Billing & Invoicing
- Credit Card Processing
- Customisable Branding
- Customizable Templates
- Electronic Payments
- Hourly Billing
- Invoice Processing
- Multi-Currency
- Purchase Order Management
- Recurring/Subscription Billing
- Reminders
- Time & Expense Tracking

## Links

- [View Wave Profile](https://www.capterra.com.au/software/178021/wave-apps)
- [View InvoiceOwl Profile](https://www.capterra.com.au/software/1014735/invoiceowl)
- [View Original Comparison](https://www.capterra.com.au/compare/178021/1014735/wave-apps/vs/invoiceowl)

-----

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